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Madison Square Garden Sports (FRA:MS8) Cyclically Adjusted PS Ratio : 4.29 (As of Jun. 09, 2024)


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What is Madison Square Garden Sports Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Madison Square Garden Sports's current share price is €171.00. Madison Square Garden Sports's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €39.84. Madison Square Garden Sports's Cyclically Adjusted PS Ratio for today is 4.29.

The historical rank and industry rank for Madison Square Garden Sports's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:MS8' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.93   Med: 4.27   Max: 4.99
Current: 4.34

During the past years, Madison Square Garden Sports's highest Cyclically Adjusted PS Ratio was 4.99. The lowest was 3.93. And the median was 4.27.

FRA:MS8's Cyclically Adjusted PS Ratio is ranked worse than
91.49% of 717 companies
in the Media - Diversified industry
Industry Median: 0.89 vs FRA:MS8: 4.34

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Madison Square Garden Sports's adjusted revenue per share data for the three months ended in Mar. 2024 was €16.413. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €39.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Madison Square Garden Sports Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Madison Square Garden Sports's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Madison Square Garden Sports Cyclically Adjusted PS Ratio Chart

Madison Square Garden Sports Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.42

Madison Square Garden Sports Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.57 4.42 4.20 4.31 4.27

Competitive Comparison of Madison Square Garden Sports's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, Madison Square Garden Sports's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Madison Square Garden Sports's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Madison Square Garden Sports's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Madison Square Garden Sports's Cyclically Adjusted PS Ratio falls into.



Madison Square Garden Sports Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Madison Square Garden Sports's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=171.00/39.84
=4.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Madison Square Garden Sports's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Madison Square Garden Sports's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=16.413/131.7762*131.7762
=16.413

Current CPI (Mar. 2024) = 131.7762.

Madison Square Garden Sports Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.110 100.560 8.007
201409 3.589 100.428 4.709
201412 12.516 99.070 16.648
201503 10.811 99.621 14.301
201506 9.121 100.684 11.938
201509 5.375 100.392 7.055
201512 15.053 99.792 19.878
201603 12.260 100.470 16.080
201606 7.917 101.688 10.260
201609 6.730 101.861 8.707
201612 17.479 101.863 22.612
201703 15.150 102.862 19.409
201706 11.544 103.349 14.719
201709 8.730 104.136 11.047
201712 19.031 104.011 24.111
201803 15.656 105.290 19.594
201806 -18.972 106.317 -23.515
201809 7.885 106.507 9.756
201812 23.309 105.998 28.978
201903 19.166 107.251 23.549
201906 -23.534 108.070 -28.697
201909 1.900 108.329 2.311
201912 10.990 108.420 13.357
202003 10.090 108.902 12.209
202006 -0.257 108.767 -0.311
202009 2.013 109.815 2.416
202012 0.980 109.897 1.175
202103 6.315 111.754 7.446
202106 5.048 114.631 5.803
202109 0.661 115.734 0.753
202112 10.515 117.630 11.780
202203 12.573 121.301 13.659
202206 6.768 125.017 7.134
202209 1.001 125.227 1.053
202212 13.803 125.222 14.525
202303 14.857 127.348 15.374
202306 4.861 128.729 4.976
202309 1.683 129.860 1.708
202312 12.456 129.419 12.683
202403 16.413 131.776 16.413

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Madison Square Garden Sports  (FRA:MS8) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Madison Square Garden Sports Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Madison Square Garden Sports's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Madison Square Garden Sports (FRA:MS8) Business Description

Traded in Other Exchanges
Address
Two Penn Plaza, New York, NY, USA, 10121
Madison Square Garden Sports Corp is engaged in live sports and entertainment business. The Company's reportable segment: MSG Entertainment consists of live entertainment events, including concerts and other live events, such as family shows, performing arts and special events.

Madison Square Garden Sports (FRA:MS8) Headlines

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